The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-11-22
MEMPHIS DAILY APPEAL: TUESDAY, NOVEMBER %, 1887.
at lo3 5-16 for money and 1903 7-l6 for the ac-
count United States bonds, As, l20}s.

at 1903 $40 for money and 1903 7-i6 for the ac-
count United States bonds As, l20}s
BANK cLEARINGs.
CHICAGO, ILL.,. Nov. 19.-Bank clear ings for
the day were $i3073,00O
NEw York, Nov 2i.-Bank clearings today
were s77,O72,Sl9; balances 81, 1853, SS3
BALTIMORE, Nd, Nov. 2l-Bank clcarings
today were -, l59, 1o3; balances, s21O,357.
BosToN, Mass, Nov. 2l.--Bank clearings
today were 1907, 026; balances, 81, GG890S
PHILADELPHIA, Pa, Nov. 2i--Bank clear
ings today were Sll, 1881; balances, 81 &c.
25l.
ST.. Louis, No, Nov 2l-The bank clear
ings today were 81, l52,6ls; balances, $780,
3S7.
Grain, Provisions and Groceries.
CHICAGO, H., Nov. PA surprisingly
strong feeling was developed today in the
wheat market, and prices again touched n
higher point, the highest yet by Ac since
the recent upturn in prices set in The Wis
ible supply showed an increase Of 1917 900
bushels, which was about what the majority
of operators had expected. The receipts
were very liberal, aggregating l,24t 900 bush
els at twelve points, of which Minneapolis
and Duluth received 80 per cent, while the
| shipments from the same points were re-
ported 502, 900 bushels and clcarances only
5000 From the opening of the session,
however, IL became apparent that there was
| a very good demand, and this buying was
| continued throughout most Of the session.
| The dry weather in the winter wheat dis
trict, followed by freezing weather, was
given as reason for strength, but there
must have been other reasons for the buy
| ing. At any rate, speculation was In the
market, and the principal buying was cred
| tied 10 81. Louis parties. Trading conferred
in May delivery, which closed $3.50 asked
May Corn speculative trading was fairly
active, the market fiuctuating frequently
within moderate range. The feeling was
| quite firm for the more deferred deliveries,
| while the near futures ruled easier, due
mainly Ia increasing receipts, which were
larger than expected, due 10 two days in
spection on some roads. and estimates for to-
| morrow rather liberal. The visible supply
decreased 3Gl, 600 bushels. Stocks here de-
creased 1900 bushels. The latest for May
today was 4s7kc.
Oats were influenced by the improvement
in the leading market. There was firm
speculative feeling, and prices exhibit about
| KGLc advance. Trading was not materially
| Increased, however, being only moderate,
and mainly In May which closed at Sic.
Provisions were active, the pork market
fairly running away from the local traders,
| who endcavOrcd TO control IL. Receipts OF
hogs were 5000, and prices 5glOc lower
Estimated arrivals tomorrow were also
large. They had no effect on the course OF
values as buying orders came In freely.
Packers sold moderately ut the opening
Their offerings Of all descriptions were
quickly absorbed and prices moved rapidly
upward, pork advancing i5c, lard i5@l7 &c
and short ribs 20c from the lowest point
and at o'clock was firm at slightly below
outside figures, pork being 32I1c, lard lOCi
last sales. Pork was the fayorite. On tn,
afternoon board however, there was a re
action, pork declining 20Cd22Hc, and lart
and short ribs nc, the final prices beinl
$40 IN asked for January pork, 81 O1l
for January lard, and ~ % bid for Januar,
short ribs.
The leading futures ranged as follows: